Jabil Circuit (NYSE:JBL) saw its stock rise more than 5% intra-day today after delivering better-than-expected second-quarter results and raising its full-year revenue guidance, signaling strong momentum across key business segments.
For the quarter, earnings per share came in at $1.94, exceeding the analyst consensus of $1.83. Revenue totaled $6.73 billion, comfortably surpassing projections of $6.41 billion. The company also reported a core operating profit of $334 million, outpacing expectations of $315.3 million.
Jabil credited its strong performance to continued demand in capital equipment, cloud and data center infrastructure, and digital commerce, reinforcing its strategic positioning in high-growth markets.
Looking ahead, Jabil provided an optimistic outlook for Q3 fiscal 2025, forecasting EPS between $2.08 and $2.48, compared to the $2.22 analyst estimate. Revenue is seen in the range of $6.7 billion to $7.3 billion, above the $6.74 billion market forecast.
For the full fiscal year, the company raised its revenue forecast to $27.9 billion, up from its previous $27.3 billion projection and ahead of the $27.31 billion consensus. EPS is now expected to reach $8.95, outpacing analyst expectations of $8.74.